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Economics

Economics

What is Economics?

Economics is the study of mankind’s efforts to obtain the goods and services required for survival, for reasonable comfort and, when possible, for affluence.

It thus concerns itself with all the problems associated with society’s struggle to survive and prosper in a world possessing limited productive resources coupled with seemingly unlimited human desires.

Business administration shares with the discipline of economics some of the same conceptual concerns, but its focus is on the business firm and its well-being. Economics is a social science focusing on the economic well-being of society.

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So, what's my degree?

A student majoring in economics within the Price College of Business graduates with a Bachelor of Business Administration degree. OU offers two exceptional programs of study in Economics, one in the Dodge Family College of Arts and Sciences' Department of Economics and another in the Michael F. Price College of Business. Both give students an invaluable understanding of economic practice and theory. Price College's program is designed for students who plan to directly enter the business world or apply to a Master of Business Administration program. Students who are planning on applying to law school, medical school or an Economics doctoral program tend to choose the Arts and Sciences program. The degree requirements vary for each major, so students should choose based on their post-undergraduate expectations.

Do my interests fit?

Business students typically have interests in:

  • Business
  • Accounting
  • Finance
  • Computers
  • Mathematics
  • Leadership

How can I get involved?

Join the student-led OU Economics Club.

How can I study abroad?

Visit the Steve Dolman Family Study Abroad Office website to learn more about the many courses and locations available to business students.

What kind of career could I pursue?

  • Corporations
  • Banks
  • Investment banks
  • Oil and gas companies
  • Brokerage firms
  • Small businesses
  • Consulting and accounting firms
  • Colleges and universities
  • Government agencies

What have our OU graduates done with their economics degree?

  • Analyst, Morgan Stanley 
  • Audit associate, PriceWaterhouseCoopers
  • Manager, Sherwin Williams
  • Systems analyst, ConocoPhillips
  • Web designer, Wal-Mart
  • Chairman and CEO, ATT
  • President, MFP Investors
  • CFO, The Samuel Roberts Noble Foundation
  • CFO, Vector Capital
  • CFO, Adobe Systems
  • President and CEO, BancFirst

How much will I make?

Visit the U.S. Bureau of Labor Statistics’ website to explore the median pay for jobs you can pursue with this degree. 

Program Accreditation

The Michael F. Price College of Business has been accredited since 1926 by the Association to Advance Collegiate Schools of Business. Price College is ranked in the top 12 percent of AACSB International’s accredited undergraduate programs by U.S. News and World Report.

Contact Us

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Michael F. Price College of Business
Phone: (405) 325-3611
Email: undergrad@ou.edu
Website: price.ou.edu